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Outsiders Ciotti, Pecresse Set To Contest Les Republicains Nomination
In a major political upset, outsider candidates Eric Ciotti and Valerie Pecresse go through to the run-off for the nomination of the centre-right Les Republicains (LR) ahead of next year's presidential election.
- Ciotti and Pecresse each won 25% of the vote in the first round of LR's contest, with more prominent candidates Michel Barnier and Xavier Bertrand coming in third and fourth place with 23% and 22% of the vote respectively. Dr Philippe Juvin came in fifth with 3%.
- The near four-way tie shows how divided the centre-right party is in its attempt to find a winning identity and candidate in the face of a powerful incumbent in President Emmaneul Macron and two vocal far-right candidates (Marine Le Pen and Eric Zemmour) who dominate the airwaves.
- LR's congress will vote in the run-off on Saturday 4 Dec. Result expected around 1430CET (0830ET, 1330BST). Ciotti - a member of the National Assembly from Alpes-Maritimes - has run as the most right-wing of the LR candidates, a move that has seemingly paid off among party members. Pecresse, President of the Regional Council of Ile-de-France, has run a more orthodox conservative campaign and polls better at a national level than any other LR candidate except the now-eliminated Xavier Bertrand.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.